Vikran Engineering Limited has fixed August 28, 2026, as the record date for determining shareholder eligibility for its final dividend of ₹0.18 per equity share for FY26. The payout will be made on or after September 14, 2026, subject to approval at the upcoming Annual General Meeting (AGM).

The Board of Directors recommended the dividend during its meeting on May 22, 2026. Shareholders must submit tax deduction or exemption forms by August 26, 2026, to ensure timely processing.

AGM and Voting Details

The company has dispatched notices for its 18th AGM, scheduled for September 11, 2026, via video conference or other audio-visual means (VC/OAVM). Remote e-voting begins on September 7, 2026, at 9:00 am and concludes on September 10, 2026, at 5:00 pm. Notices include a weblink and QR code for access.

Capital Structure and Borrowing Limits

The Board seeks shareholder approval to enhance borrowing capacity under Section 180(1)(a) and Section 180(1)(c) of the Companies Act, 2013. This proposal supersedes limits approved at the Extra-Ordinary General Meeting (EOGM) on April 30, 2025.

The aggregate secured indebtedness shall not exceed ₹3,500 crore. This enhancement supports increased business activities and strategic requirements.

Debt Issuance Authorization

Shareholders are asked to approve the issuance of Senior, Secured/Unsecured, Rated, Listed/Unlisted, Taxable, Redeemable Non-Convertible Debentures (NCDs) or other debt securities up to ₹1,000 crore. Issuance may occur via private placement or public issue in tranches. Proceeds will finance operations, working capital, and general corporate purposes.

To facilitate this, the Articles of Association will be amended to include Clause 137(e), allowing the Debenture Trustee to nominate a director on the Board per SEBI regulations.

Governance Updates

Mr. Nakul Markhedkar, Whole-Time Director, retires by rotation and is eligible for re-appointment. Shareholders must also ratify remuneration for related-party Key Managerial Personnel:

• Mrs. Kanchan Markhedkar (CHRO): Maximum remuneration of ₹3,67,73,205 per annum.
• Mr. Vipul Markhedkar (CBO): Maximum remuneration of ₹2,19,83,280 per annum.

Both appointments require approval under Section 188(1)(f) of the Companies Act, 2013, due to their relationship with the Chairman and Managing Director.

Strategic Expansion

The AGM will consider altering the Object Clause of the Memorandum of Association to explicitly include building and operating substations, transmission lines, renewable energy projects, data centers, and water infrastructure. This amendment aligns the legal framework with current engineering, procurement, and construction (EPC) operations in power transmission and distribution.

Vikran Engineering Limited has reported its financial results for the first quarter of fiscal year 2027 (Q1FY27), posting strong year-on-year growth across key metrics. Revenue for the quarter came in at ₹2 billion, compared to ₹1.6 billion in the same period last year, reflecting a notable uptick in business activity. Net profit surged sharply to ₹175 million from ₹57 million in the year-ago period, underscoring a significant improvement in bottom-line performance.

Q1FY27 Financial Highlights

The company's quarterly performance reflects broad-based growth across revenue and profitability. The following table summarises the key financial metrics for Q1FY27 against the prior year period:

While revenue and absolute profitability improved substantially, the EBITDA margin contracted marginally to 13.74% from 14.23% in the year-ago quarter, indicating a slight increase in operating costs relative to revenue.

Earnings Conference Call Details

The results were discussed at an earnings conference call held on Wednesday, August 12, 2026, at 11:30 am IST, following a Board of Directors meeting on Tuesday, August 11, 2026. The company had notified the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) on August 7, 2026, regarding the schedule, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. The filing was signed by Kajal Rakholiya, Company Secretary and Compliance Officer, from Thane.

Pursuant to Regulation 30 read with Part A of Schedule III of the Listing Regulations, the company confirmed that the audio recording of the earnings call has been uploaded to its website. Investors can access the recording via the company's official portal. The transcript for the call will be intimated to the stock exchanges and made available on the company's website in due course.

Participants could join the call via toll-free numbers or through a dedicated web link. The following access details were provided for domestic and international attendees:

Management Participation

The following executives participated in the earnings discussion:

• Rakesh Markhedkar, Promoter & CMD
• Nakul Markhedkar, Whole Time Director
• Ashish Bahety, Chief Financial Officer

Investors requiring further information may contact Shubham Sangle or Sumit Kinikar at Adfactors PR via email at shubham.sangle@adfactorspr.com or sumit.kinikar@adfactorspr.com .